TIDMCGH

RNS Number : 7024S

Chaarat Gold Holdings Ltd

08 November 2019

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible)(i) 
 
 1a. Identity of the issuer or the                                                       Chaarat Gold Holdings Limited 
  underlying issuer of existing shares 
  to which voting rights are attached(ii) 
  : 
                                                                       ----------------------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer                                                                                                                      X 
                                                                                                                                -------- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights 
                                                                                                   ------------------------------------- 
 An acquisition or disposal of financial instruments 
                                                                                                   ------------------------------------- 
 An event changing the breakdown of voting rights 
                                                                                                   ------------------------------------- 
 Other (please specify)(iii) : Issue of shares                                                                       X 
  by Issuer 
                                                                                                   ------------------------------------- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                                   Sarastro Group Limited 
 City and country of registered office                                  Tortola, British Virgin Islands 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
 Name 
                                                                       ----------------------------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                                       ----------------------------------------------------------------- 
 5. Date on which the threshold was                                     7 November 2019 
  crossed or reached(vi) : 
                                                                       ----------------------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):                         7 November 2019 
                                                                       ----------------------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                            % of voting                 % of voting rights                 Total of both          Total number 
                           rights attached               through financial                   in % (8.A +           of voting rights 
                          to shares (total                  instruments                         8.B)               of issuer(vii) 
                              of 8. A)                     (total of 8.B 
                                                             1 + 8.B 2) 
                     -------------------------  ----------------------------------  ---------------------------  ----------------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached          3.9%                       Nil                                 3.9%                         17,892,011 
                     -------------------------  ----------------------------------  ---------------------------  ----------------------- 
 Position of 
  previous 
  notification 
  (if 
  applicable)         4.7%                       Nil                                 4.7% 
                     -------------------------  ----------------------------------  ---------------------------  ----------------------- 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached(viii) 
 A: Voting rights attached to shares 
 Class/type       Number of voting rights(ix)                                        % of voting rights 
  of 
  shares 
  ISIN code (if 
  possible) 
                          Direct                           Indirect                            Direct                    Indirect 
                    (Art 9 of Directive              (Art 10 of Directive                (Art 9 of Directive       (Art 10 of Directive 
                        2004/109/EC)                     2004/109/EC)                   2004/109/EC) (DTR5.1)          2004/109/EC) 
                          (DTR5.1)                        (DTR5.2.1)                                                    (DTR5.2.1) 
                                           --------------------------------------- 
 VGG203461055 
 
  Ordinary 
  shares 
  of US$0.01 
  each            17,892,011                Nil                                      3.9%                         Nil 
                 ------------------------  ---------------------------------------  ---------------------------  ----------------------- 
 SUBTOTAL 8. 
  A                                          17,892,011                                                     3.9% 
                 -----------------------------------------------------------------  ---------------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of          Expiration       Exercise/                                Number of voting                      % of voting 
  financial        date(x)          Conversion Period(xi)                    rights that may                       rights 
  instrument                                                                 be acquired if 
                                                                             the instrument 
                                                                             is 
                                                                             exercised/converted. 
                 ---------------  ---------------------------------------  ------------------------------------  ----------------------- 
 
                                   SUBTOTAL 8. B                            Nil 
                                    1 
                                  ---------------------------------------  ------------------------------------  ----------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of         Expiration        Exercise/                 Physical or                 Number of                % of voting 
  financial       date(x)           Conversion                cash                        voting rights            rights 
  instrument                        Period (xi)               settlement(xii) 
                ----------------  ------------------------  --------------------------  ----------------------- 
 
                                                             SUBTOTAL 8.B.2              Nil 
                                                            --------------------------  ----------------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer(xiii) 
 Full chain of controlled undertakings through which the voting rights                            X 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity(xiv) (please add additional 
  rows as necessary) 
          Name(xv)             % of voting rights      % of voting rights       Total of both if 
                                 if it equals or        through financial        it equals or is 
                                is higher than the      instruments if it        higher than the 
                               notifiable threshold    equals or is higher     notifiable threshold 
                                                       than the notifiable 
                                                            threshold 
                             ----------------------  ---------------------  ------------------------ 
 Stichting Pamina 
  Foundation (a charitable 
  foundation)                 3.9%                    Nil                    3.9% 
                             ----------------------  ---------------------  ------------------------ 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder 
                                                     ----------------------------------------------- 
 The number and % of voting rights 
  held 
                                                     ----------------------------------------------- 
 The date until which the voting rights 
  will be held 
                                                     ----------------------------------------------- 
 
 11. Additional information(xvi) 
 The percentage of voting rights is based on the total shares in issue 
  of 418,229,154 ordinary shares as at 21 August 2019 as set out in the 
  press release of Chaarat Gold Holdings Limited issued on 16 August 2019. 
 
 
 
 Place of completion   Hamilton, Bermuda 
 Date of completion    7 November 2019 
                      ------------------ 
 

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